Credit ratings of the home countries of banks operating in the Republic of Serbia

The table below shows long-term foreign currency and local currency credit ratings awarded by S&P, Fitch and/or Moody’s to the home countries of banks operating in the financial market of the Republic of Serbia.

Date of last credit rating change: 05 May 2022
Country Country rating agency – long-term borrowing rating
Standard and Poor’s Fitch Ratings Moody’s Investors Service
Foreign currency Local currency Foreign currency Local currency Foreign currency Local currency
Austria АА+ АА+ АА+ АА+ Аa1 Аa1
Greece BB+ BB+ BB BB Ba3 Ba3
Italy BBB BBB BBB BBB Bаа3 Bаа3
Hyngary BBB BBB BBB BBB Bаа2 Bаа2
Germany ААА ААА ААА ААА Ааа Ааа
USA AA+  AA+  ААА ААА Ааа Ааа
Slovenia АА- АА- А А A3 A3
France АА АА АА АА Аа2 Аа2
Norway ААА ААА ААА ААА Ааа Ааа
Turkey B+ B+ B+ B+ B2 B2
United Arab Emirates - - - - Аа2 Аа2
China А+ А+ А+ А+ А1 А1


Source: Standard and Poor’s, Fitch Ratings and Moody’s Investors Service.